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LEONES

Natgas continues its parabolic ascent

Long
Henry Hub Natural Gas Futures (Jun 2013) (NYMEX:NGM2013)  
LEONES  
NYMEX:NGM2013   Henry Hub Natural Gas Futures (Jun 2013)
0
2
Interesting price action on Friday with intraday low touching the lower parallel line and double cross of the 20MA. Bullish signal for me. Gas seems also moving in the opposite direction of Crude Oil. Reward/Risk 1.5 not bad, I'm considering this long on Monday and short Crude on Tuesday. Target around 4.53.
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